Meet the Conservative Outsider Who Wants to Bring Common Sense Back to His...
How This Small-Town Police Force Became a 'Criminal Organization'
Iranian Regime's Latest Move Shows How Desperate It Has Become
House Republicans Want to Know Why Ilhan Omar's Income Jumped by 140 Times...
UN Report Says One of the Deadliest Threats to US National Security Is...
If 'The Only Thing More Powerful Than Hate Is Love' Democrats Missed the...
Elites Did Their Part to Fight Global Warming by Flying Dozens of Private...
Historic: U.S. Marks Ninth Month With Zero Releases at the Border
'Brass-Knuckled Hypocrisy:' Even the Washington Post Is Slamming Virginia Democrats' Redis...
This Viral Super Bowl Halftime Story About Bad Bunny's Grammy Was Completely False
Harry Sisson Refuses to House Illegals in His Home, And Claims ICE Agent...
Critics Blast Katie Porter's Pre Super Bowl X Post As She Tries to...
Here Is the Real Reason Bad Bunny Is Anti-American
We Didn't Think Progressives Could Make LA Any Worse, but They Can
WaPo Claims That Bad Bunny's Profane Performance Represented 'Wholesome Family Values'
Tipsheet

Conservatives, Liberals, and Economics

Much was made of yesterday's WSJ op-ed highlighting new academic research that purports to show that conservatives generally are better at economics than liberals.
Advertisement

Before I make much more of this, let me say I agree with the conclusion of the article. I think that basic economics training does tend to make people more conservative. Learning basic concepts like cost-benefit analysis, unintended consequences, and comparative advantage is going to take an idealistic college student and teach her that there's no such thing as a free lunch. And to college students who think they can have anything they want and solve all the world's problems with a liberal arts degree, this can be sobering, conserv-atizing knowledge. Additionally, people who naturally think about such things are going to be more conservative for the same reason.

However, I don't quite buy the methodology of the study as conclusive. The questions used seem to be only those types slanted toward a conservative conclusion. I'm sure there are many basic economic concepts that conservatives are knee-jerk against (like "does government spending factor into GDP?" or "do tax cuts always result in increased revenues?") of which one could design a 'test' to show that it is liberals, not conservatives, who are more economically knowledgable.

Advertisement

Related:

JOBS

Lefty blogger Nate Silver explains the vagaries of the questions here.

To reiterate, in anticipation of heat taken: I think that economics training will turn people conservative just as I think that a faithful education and appropriate application of economics will lead to conservative policy prescriptions. I just don't think that this one study 'proves' it. I do think that it can be proven, and that's something that should be undertaken in the future.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement